Telangana Government-backed co-working space T-Hub, has today announced the launch of T-Bridge, a new program that will connect Indian startups with global market opportunities, and help bring global startups to India. This new program is announced in partnership with Uber and TiE Silicon Valley.
T-Bridge will enable startup communities in India and around the world to cross-pollinate ideas, innovate and create channels for knowledge transfer. It will also create a network of mentors, VCs, incubators and accelerators that is advantageous to the Indian startup ecosystem.
The program will provide a platform for fast-track tech companies looking to tap into India’s huge consumer market for technology. It will also help startups access UberEXCHANGE, Uber’s flagship startup mentorship program and TiE Silicon Valley’s mentor network.
Shri K T Rama Rao, Telangana Cabinet Minister for IT E&C, MAUD, Industries & Commerce, Public Enterprises, Mines & Geology, Sugar and NRI Affairs inaugurated T-Bridge in association with Uber and TiE Silicon Valley at Uber’s headquarters in San Francisco. He said,
We have a strong vision to make Hyderabad one of the top 10 startup cities in the world. T–Bridge is one such move towards opening a channel of investment from the world to the state of Telangana. I am proud to open our first outpost in the U.S. in association with Uber and TiE Silicon Valley and believe that this association will forge new partnerships and spur investment and innovation between the two countries.
Rachel Whetstone, Uber’s senior vice president for policy and communications, said,
Telangana is one of the most progressive states in India; and it has set up a culture of ‘regulatory incubation’ — allowing new ideas and business models to thrive. Today more and more people around the world want to build something themselves. Through initiatives like UberEXCHANGE, our mentorship program for Indian startups, we hope to spur entrepreneurship. Creative partnerships like T-Bridge will continue to strengthen ties between India and the global startup scene.
Jay Krishnan CEO, T-Hub said,
Since the launch of T-Hub last year, we’ve witnessed a threefold increase in startup activity in Hyderabad. The city is abuzz with over 30 incubators and co-working spaces. There is something happening in every corner. We’re committed to enabling and growing this community and to helping Indian entrepreneurs access global resources. T-Bridge is one such initiative in that direction. We are proud to set up our first outpost in the heart of the startup activity – at Silicon Valley.